O.J. ELECTRIC ApS — Credit Rating and Financial Key Figures

CVR number: 26639050
Sandgårdvej 11 A, Grove 7540 Haderup

Credit rating

Company information

Official name
O.J. ELECTRIC ApS
Personnel
1 person
Established
2002
Domicile
Grove
Company form
Private limited company
Industry

About O.J. ELECTRIC ApS

O.J. ELECTRIC ApS (CVR number: 26639050) is a company from HERNING. The company recorded a gross profit of 343.9 kDKK in 2024. The operating profit was -99.6 kDKK, while net earnings were -82.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.5 %, which can be considered poor and Return on Equity (ROE) was -14.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. O.J. ELECTRIC ApS's liquidity measured by quick ratio was 1.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 058.53490.70706.01297.24343.95
EBIT328.31- 182.529.5551.55-99.55
Net earnings244.77- 155.76-4.1239.06-82.61
Shareholders equity total978.33572.57568.45607.50524.89
Balance sheet total (assets)2 172.381 732.111 662.511 525.621 418.96
Net debt-1 114.82610.99- 193.36- 416.39- 310.13
Profitability
EBIT-%
ROA17.2 %-9.3 %0.6 %4.1 %-5.5 %
ROE25.6 %-20.1 %-0.7 %6.6 %-14.6 %
ROI20.9 %-10.9 %0.6 %4.3 %-5.7 %
Economic value added (EVA)268.37-98.323.2272.71-44.44
Solvency
Equity ratio45.0 %33.1 %34.2 %39.8 %37.0 %
Gearing75.5 %184.7 %176.9 %141.0 %159.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.31.41.61.5
Current ratio1.61.31.41.61.5
Cash and cash equivalents1 853.88446.641 198.791 272.851 148.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-5.50%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.0%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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